I-MAB-SPONSORED ADR (IMAB) Stock Technical Analysis
NASDAQ:IMAB - Nasdaq - US44975P1030 - ADR - Currency: USD
Taking everything into account, IMAB scores 7 out of 10 in our technical rating. In the last year, IMAB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IMAB has a been trading in the 2.00 - 2.95 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IMAB is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 558 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that IMAB is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
IMAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMAB is lagging the market.
Considerably lower volume is observed in the last couple of days.
IMAB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.79
2.83
We found 3 important support areas.
- Support @2.12 from a horizontal line in the weekly time frame.
- Support @2.01 from a horizontal line in the daily time frame.
- Support @0.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.32 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.80 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IMAB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMAB is neutral. |
| ChartMill Relative Strength | 96.89 | POSITIVE | IMAB has a high relative strength, it outperformed 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for IMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests IMAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.23 | OVERSOLD | The low Stochastics value suggests IMAB may be oversold. |
| Average True Range in percent/ATR (20) | 14.09 | HIGH VOLATILITY | The high ATR as a percentage value for IMAB suggests high volalility. |
| Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for IMAB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.14
+0.01 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.47%
1 Week2.39%
2 Weeks-16.73%
1 Month-17.05%
3 Month153.2%
6 Month100%
12 Month49.65%
2 Year-25.69%
3 Year-79.58%
5 Year-93.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%14.09%
ATR Inc-63.53%
Range Today0.12
ADR(20)0.29
ADR(20)%13.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.89
Mansfield6.58
10 Day High2.74
10 Day Low2.02
20 Day High2.95
20 Day Low2
52 Week High3.08
52 Week Low0.6
CS1 End2.12
CR1 Start2.32
Volume & EV
DER(3)-0.84%
DER(5)-1.12%
Volume141.80K
Volume Incr-62.01%
Vol(5)316.36K
Vol(50)635.93K